💎Technical Analysis Summary💎
BINANCE: XEMBTC
-After the breakdown of its local support area at 940s sat
-The price reaches the previous Bull flag before the rally last August 28
-The selling pressure started to move slowly and we can see green candles
-If the Bulls can regain small momentum, there is a chance of a retest to 940s sat
-Please plan your next trade...
💎Technical Analysis Summary💎
BINANCE: XEMBTC
-XEM is trading within a sideways channel
-The battle between the Bulls and Bears
-If you are a support Buyer, you may enter with tight stop loss
-If you are looking for Long momentum entry, wait for the resistance breakout
-But if you want to Short the market, wait for a bearish candle below key support
-Always...
💎Technical Analysis Summary💎
BINANCE: XEMBTC
-NEM is trading inside a descending channel which is Bullish
-Only good is pattern is broken to the upside confirming the bias
-The previous resistance is tested new support last Sep 18
-If NEM will keep respecting this channel, it will likely to retest support
-Buying at support is well provided you at a proper cut...
*** THIS IS NOT AN ADVICE, DO YOUR RESEARCH AND TRADE WITH YOUR OWN RESPONSIBILITY***
I have multiple buy signals on NEM, here are the lists.
Volume have been increasing aligns with VROC signaling trend reversal.
Typical rounding bottom on XEMUSD chart which gives a target of 0.8USD or 600% from current price.
On the other hand the XEMBTC chart shows downtrend...
